LATEST ACTUAL EXAM QUESTIONS
AND CORRECT ANSWERS RATED A+
B) MANY LEASE AGREEMENTS WILL NOT PERMIT
MODIFICATIONS OF ANY KIND TO THE LEASED EQUIPMENT
Correct Answer An agency mgr submitted a request for a 5yr
lease on a special tractor that he plans to modify and use for
raking the beach during summer. He has money in his budget to
cover the lease cost. What's the most important thing to consider
before going forward with the leasing process? A) The monthly
cost of the lease may go up in the 2nd yr if it is not priced into the
original lease agreement B) Many lease agreements will not
permit modifications of any kind to the leased equipment, C)
Check the lease agreement for cancellation provisions D) This
decision is not a function of procurement & should be made by
the user dept
B) TRANSFORMING MISSION, GOALS AND OBJECTIVES
INTO MEASURABLE ACTIVITIES Correct Answer Strategic
procurement planning (SP2) involves: A) Allocating limited
resources among different priorities, B) Transforming mission,
goals and objectives into measurable activities, C) Using SWOT
to identify strategic barriers & opportunities, D) Planning to take
advantage of political changes
,B) CONTACT ALL OTHER BIDDERS TO DETERMINE WHY
THEY DID NOT BID ON THE AGENCY'S REQUIREMENTS
Correct Answer Over the last six years, a buyer has been
responsible for soliciting bids and making awards for purchases of
milk for each of the 12 schools in his district. Although he has
solicited more than four different milk providers during this time, a
well known supplier is the only one that provides a bid response &
the bid prices increase by 1.5% each year. Based on this pattern
of bidding, what action should the buyer take? A) Stop sending
IFBs to the well known supplier, B) Contact all other bidders to
determine why they did not bid on the agency's requirements, C)
Report the well-known supplier to the State Auditors for violation
of anti-competition laws, D) Report the well-known supplier to the
State Inspector General for violation of anti-competition laws
A) DELAY START OF THE PROJECT Correct Answer When an
award protest is filed with your agency, the procurement
professional should: A) Delay start of the project, B) Start the
project since time is on the essence, C) Decide whether or not to
start the project based on funding source for the project D) Seek a
judicial decision
A) ISSUE AN ORAL WARNING Correct Answer A senior buyer is
supervising a new buyer. The new buyer has repeatedly failed to
keep accurate records of problem shipments despite general
training and some ad hoc conversations about requirements to
document problems. What step should the senior buyer take? A)
,Issue an oral warning, B) Issue a written warning, C) Suspend the
buyer, D) Demote the buyer
D) MARKET ANALYSIS Correct Answer A buyer wants to spot
buy propane. What is the best analysis process to ensure the
purchase has value? A) Demand Analysis, B) Supplier Analysis,
C) Performance Analysis, D) Market Analysis
B) PROPOSERS TO ADJUST THEIR PRICE AFTER
SUBMITTING THEIR PROPOSAL Correct Answer What does the
RFP tool Best and Final Offer (BAFO) allow? A) Proposers to
submit a revised proposal after reviewing the proposals of other
suppliers, B) Proposers to adjust their price after submitting their
proposal, C) A price change from only the apparent low bidder, D)
A price change based on a tie bid
D) STATISTICAL PROCESS CONTROL Correct Answer When
items are susceptible to a high incidence of latent defect,s which
of the following quality assurance defect prevention techniques
should be used to solve this problem? A) Attribute sampling, B) In-
process inspection, C) Variable sampling, D) Statistical process
control
C) COOPERATIVE PROCUREMENT Correct Answer The fuel
contract for Fleet Svcs Dept is set to expire in 3 mos. Due to
budget cuts, the Purchasing Dept is looking at different methods
to meet the Fleet Dept's fuel requirements while staying w/i
, budget. What would be an appropriate method to consider? A)
pCard Program, B) Joint Ventures, C) Cooperative Procurement,
D) Smart Cards
A) THE FAILURE TO SIGN IS AN OBVIOUS OVERSIGHT
Correct Answer In his haste to meet the bid closing date and the
time the supplier forgot to sign the supplier's bid signature
document that accompanied the solicitation. Under what
circumstances can a buyer generally accept the supplier's bid
without a signature? A) The failure to sign is an obvious oversight,
B) The bidder has demonstrated good performance on previously
awarded contracts, C) There was insufficient time for the bidder to
respond, D) The bidder is not on the "debarred" supplier list
B) THE CONTRACT SHOULD BE NEGOTIATED WITH THE
SUPPLIER Correct Answer The buyer has been working closely
with the Dept of Public Works to acquire an upgrade to existing
proprietary software used with the waste water treatment plant
operating equipment. When purchasing this software, what would
be the most appropriate method of acquisition? A) Develop and
issue a formal competitive bid solicitation, B) The contract should
be negotiated with the supplier, C) The informal competitive bid
method should be used, D) A formal request for proposal method
should be used
B) DEFINE ITS MISSION AND STRATEGIC GOALS Correct
Answer An agency wishes to improve its service to its
stakeholders and its productivity. What is the first step it should